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BRIEF-Shenzhen Properties & Resources Development Group sees Q1 FY 2017 net profit to sharply up 51,624 pct
April 3, 2017 / 5:55 AM / in 4 months

BRIEF-Shenzhen Properties & Resources Development Group sees Q1 FY 2017 net profit to sharply up 51,624 pct

1 Min Read

April 3 (Reuters) - Shenzhen Properties & Resources Development Group Ltd :

* Sees Q1 FY 2017 net profit to increase by 51,624 percent, or to be 300 million yuan

* Says Q1 FY 2016 net profit was 580,000 yuan

* Says sharply increased revenue from real estate business as main reason for the forecast

Source text in Chinese: goo.gl/DJoKcO

Further company coverage: (Beijing Headline News)

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